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Good Dispersion, Bad Dispersion.

We document that most dispersion in marginal revenue products of inputs occurs across plants within firms rather than between firms. This is commonly thought to reflect misallocation: dispersion is "bad". However, we show that eliminating frictions hampering internal capital markets in a multi-plant...

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Publicado en:Review of Economic Studies Vol. 93; no. 2; pp. 1103 - 1137
Autores principales: Kehrig, Matthias, Vincent, Nicolas
Formato: Artículo
Publicado: Oxford University Press / USA Mar2026
Materias:
U.S. Census Bureau
Industrial productivity
Emerging markets
Heterogeneity
Marginal productivity
Capital market
Capital allocation
Market failure
Multiproduct firms
Acceso en línea:Ver este registro en EBSCOhost